Shareholders Agreement: majority/minority shareholders

Shareholders Agreement between majority (more than 50% of shares held) and minority (less than 50% of shares held) in a private limited company, with control provisions for the majority shareholder and minority shareholder protections for the minority shareholder.

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When do I use this document?

  • for a company which has a majority shareholder and one or more minority shareholders
  • for provisions enabling the majority shareholder to control decision-making and other matters
  • for minority shareholder protections, including director appointment rights and rights to approve reserved matters
  • for a private limited company incorporated in England and Wales

What are the key features?

  • full form shareholders agreement
  • 30 clauses and 3 schedules over 31 pages
  • clauses relating to the following matters:
    • business of the company
    • shareholder roles and services
    • shareholdings
    • funding
    • director appointment rights and board decision-making
    • shareholder decision-making
    • dividends
    • matters requiring prior approval of specified shareholders (reserved matters)
    • future share issues
    • transfers of shares, including permitted transfers, pre-emption rights, compulsory transfer events, drag-along rights and tag-along rights
    • shareholder information rights
    • shareholder restrictive covenants
    • duration and termination

What other documents are available?

For a Shareholders Agreement for a company with equal 50/50 shareholdings, see

When do I use this document?

  • for the assignment of IPR by a third party contractor to a company
  • as part of the closing documents in an investment transaction

What are the key features?

  • 8 clauses over 4 pages
  • in the form of a deed between the company and the assigning contractor
  • definitions of Developed IPR and Intellectual Property
  • assignment and further assurance provisions
  • warranties from the assigning contractor as to ownership of the Assigned IPR

What other documents are available?

For a Deed of Assignment of general intellectual property rights by a founder to a company, see

For a Deed of Assignment of registered and unregistered trade marks, see

Explanatory Guides

As with all of our document templates, your purchase will include access to clear explanatory guidance on the document and its use.

Updated by a lawyer on 21/07/2025

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